National Republican., 1887-08-25
CONTROLLED BY THE BEARS.
Everything on tho Active List De.
clines In Price.


New YORK, Aug. 24.-The stock market
again fell into the hands OF the bears to-
day, and no semblanco OF yesterdays firm.
ness was to be seen at any time, the range
OF values being decidedly lower through.
out. Dullness aud weakness were thr
principal features, and the dealings showed
at times considerable feverishness. The
attacks were begun promptly at tue open.
Ing. There was the usual dearth OF news,
hat rumors OF prominent houses being IT.
trouble, with the regular relteratlOn OF tn
Missouri Pacific dividend reduction story
had some effect upon values.
Late In the day the failure OF sto1k az.
change house gave color to tGese rumots an
prevented the improvement which had be,'r
started by : @ announcement OF the accept
ances OF bonds by the Secretary OF tn
Treasury. AT the sam. time fresh rumnr.
Of impeding trouble IN the dry goods III,
trict were circulated with some effect
There was little or no effort to sup9orl
prices, the buying being scattering and
ineffective, while the bears were specially
active and aggressive. There was a veal
opening at d,cliues extending to J pei
per cent from yesterdays final figures
There was some strength displayed in tn
early trading, but the market soon weak
ened, and moved of rapidly until 1l:30
when by sharp rally prices were brough,
up In most cases to about first figures
Shortly after noon the attacks Were re
newed, and met with no check until neArly
2p. M, when there was a slight rally, but
In the last hour the selling was specially
heavy in Richmond, West Point, New Eng.
land, Reading, and the graDgers, and th
close was weak though dull at the loves
prices OF the day. The total days business
was 240, 1876 shares. Everything is lower to-
night without exception.
Money on call has been easy, rang.
ing from 3 to 81, last loan at 4, and closing
offered at 9. Sterling exchange dull and
ness at 4S0l to 4S03 for G0-day bills, and 4sl I;
to 4S3 for demand. Posted rates, 4Sll to
4S5. Government bonds have been frmsr
for the Is, but heavy for the 4ls and dull.
State bonds have been entirely neglected
Treasury balances Coin, Sl3i, ,025, 500;
currency, $l3,G04,964.
The following were tha closing bid quota.
lions:
4s, 126; ~ coup, lOs2s; Pac. 6s OF '95. l2l, q
La. Cons. si]s; Mo. Gs Of 's7, 100; N. g. Con
6, 1?2; do, as, 81; Tenn. settlement 6s, lol,,3
DO B. 100; , Va g. IS; do, c9nsols, U.s.,
| frss, 1857; DENY. and Il. G. firsts, az; M. x
and T., 9l7s; Northern Pac. frsts ll5; do
seconds, lQ5; northwestern cons, , lSIl4; DO !,
| Paul con-, 127la; 81. l. Chicago, and Pac nrst'
| 1911 Southern Pac. frsts, Iii: I. p. r. G. and
c.. 691S; Northern Pac. firsts, ll4l5; West Shore
| 99JI; Adams Express, 1is: Alton and T. II
| 37l3; do. pid., 20; Am. Express, los; Bos. Ali
Line pid., Qs; b. G. and Il. n, i5; Canada
Southern: 5si4; Canton, "55; Cen. Pac. 35l 1
Ches. and Ohio, G; Chicago aud Alton, l46
do. pfd l55; O. b.. and O., flS7; Cleve
land and Col 5lla; Con. Coal, -; Del. aud
Hud.. 100: Del. and H., 1855; DENY and r. q,
20; Erie, 80ls do. pfd., GSl4; Fort Wayne, l5l
Harlem, 2l5; Houston and Texas, 25; III. Cen.
us; Kans. and Texas, 25H; l.. E. and W., IL
Lake Shore. 921s: LvI and Nash. 6li5
Manhatn and Con lO9j4; NJ. and Char, 81
Met; l., 1855: Mich. Cen, 81; Mo. Pac.
q; Mob. and O.. -; Mar and E.. 1928
| n. Chat, 791e: N. J. Cen, 1874; Norfolk anr
| Western pfd., ~; Northern Pac., 251s do pfd
| 4e93; Northwestern, 1l3 do. pid., 40; n
| Y, Cen. 1914; Chicago and ST. L.. IL: d,
pid., 2Tj5: Ohio and Miss. 251S; do pfd., s5
| Oregon Nav, 9l1a; Pac. Mail, 80; Pitts
| Alcg. 0; Richmond and Dan, $50: RocG
| 1spd, l2i; st. L. and San. Fran, 3Gl4 do. pfd.
49,; do first pfd., ll2,I; st. Paul, Sii do. pii
lis; st. T. and o., i6,z; do. pfd 1919: Texa
Pac, '2G3l: Union Pac., 5l5s; U. s. X 80; Wab
Pac., l7iJ; do. pfd., S0l5 Wells Fargo, rs
| West. Union. 723I; Tenn. Coal and Iron, 3ll5
Co,tonn, Oil Trust So7s Quicksilver, s; do
asked. Ex dividend.